Commerce Commission to hold Telecom's Service Obligation conference

1.00pm

Interested parties will put their views on the Commerce Commission's draft ruling on the cost of Telecom's Service Obligation (TSO) this week.

The commission is holding a four-day conference, which ends on Friday, for interested parties to present oral submissions on its draft TSO ruling.

The commission could ask questions about those submissions, it said in a statement to NZX.

In July, the commission released its draft ruling on the cost of TSO, for the year to June 30, 2003, and put the figure at $62.6 million.

TSO is the cost to Telecom of providing basic telephone and internet services to all New Zealanders including "non viable" customers in remote areas.

Telecom shares the bill with its rivals, based on their net revenues for that period.

- NZPA